Suzuki Pakistan Denies Price Drop Claims

Abdullah

27 Oct 2023

697 Suzuki

Suzuki Pakistan Denies Price Drop Claims

In a notable departure from the trend observed among many auto assemblers in Pakistan, Pak Suzuki has yet to announce a reduction in car prices despite the strengthening value of the Pakistani Rupee (PKR) against the US Dollar. This contrasts with the general industry sentiment of price adjustments.

Social Media Buzz and a Dubious Notification

Recently, a notification began circulating on social media platforms, suggesting that Pak Suzuki had revised its car prices. According to this unverified notification, the price reduction ranged from Rs 50,000 to Rs 110,000, depending on the model and variant of the vehicle. However, it's essential to note that a Suzuki spokesperson has dismissed this notification as fake.

Sales Decline and Uncertainty Looms

Pak Suzuki faced a significant setback in the market, experiencing a staggering 34% decline in sales during the first quarter of the current fiscal year compared to the corresponding period of FY22-23. The company's future pricing strategy remains uncertain, leaving both consumers and the industry curious about whether Pak Suzuki will make a formal announcement regarding price revisions or maintain the status quo. For reference, the current prices of Suzuki vehicles in Pakistan are detailed below:

Model / Variant	Price (PKR)
Alto VX	Rs. 2,251,000
Alto VXR	Rs. 2,612,000
Alto VXR AGS	Rs. 2,799,000
Alto VXL AGS	Rs. 2,935,000
Wagon R VXR	Rs. 3,214,000
Wagon R VXL	Rs. 3,412,000
Wagon R AGS	Rs. 3,741,000
Cultus VXR	Rs. 3,718,000
Cultus VXL	Rs. 4,084,000
Cultus AGS	Rs. 4,366,000
Swift GL MT	Rs. 4,256,000
Swift GL CVT	Rs. 4,574,000
Swift GLX CVT	Rs. 4,960,000

Pak Suzuki Car Prices in Pakistan Currency Exchange Rate Auto Industry Price Reduction Suzuki Vehicles PKR vs USD Social Media Notification Suzuki Cars 2023 Suzuki New Cars Price 2023 Suzuki Alto price 2023 Suzuki Swift Price 2023 Suzuki Wagon r Price 2023 Suzuki Cultus Price 2023

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